Product Code: 978-1-68038-182-5
Synthetic Biology Market Growth & Trends:
The global synthetic biology market size is expected to reach USD 55,371.1 million by 2030, registering a CAGR of 19.7% during the forecast period, according to a new report by Grand View Research, Inc. The presence of government and private funding to support research in vaccines and a strong synthetic biologic-based product pipeline in clinical trials are the key driving factors for the market. Synthetic biology processes provide crucial advantages for producing antigen and diagnostic reagents for disease identification, accelerating the speed of vaccine development, and improving overall vaccine performance and yield.
Furthermore, support from government agencies and the presence of several programs are likely to boost the market growth. For instance, in the U.S., COVID-19 vaccine R&D, manufacture, regulation, and purchase have been highly supported by collaboration between federal agencies, including the Biomedical Advanced Research and Development Authority (BARDA), the National Institutes of Health (NIH), DOD, FDA, and others (formerly OWS).
Other factors such as expanding demand in industries such as textiles and nutrition are also contributing to the market growth. Several optimal food production processes have been identified with the help of synthetic biology. In addition, synthetic biology is predicted to aid in the generation of higher agricultural yields and pest control development. It is expected to help in the production of better food yield and pest control management.
The COVID-19 pandemic is anticipated to positively impact market growth. Synthetic biology has been highlighted as a means to accelerate vaccine development by the National Institute of Health in the U.S. Therefore, synthetic biology labs and companies have been actively utilizing this technology to combat the COVID-19 pandemic. As a result, the usage of these technologies is projected to increase during the outbreak.
The growing demand for personalized medicine is expected to majorly drive market growth during the coming years. The use of engineered novel proteins for use as therapeutics has demonstrated synthetic biology in the medical segment. These proteins are designed with some modified protein structure to get the desirable properties required for the treatment. For instance, researchers are developing a therapeutic enzyme candidate that is GI-stable and can be given via oral route to treat Phenylketonuria (PKU).
On the other hand, synthetic biology has raised a few concerns regarding biosecurity and biosafety. Exposure to these products may cause unknown hazards to public health and the environment. To prevent such issues, countries of Europe, the Americas, and Asia have formulated policies to manage the application of synthetic biology techniques in basic & applied research.
Synthetic Biology Market Report Highlights:
- By technology, the PCR segment held the largest share of the market. This is attributed to the accelerated development in modern life science, with PCR technology being widely employed in numerous fields of medical research, virus detection, and the food & beverage industry
- The genome-editing segment is expected to grow steadily during the forecast period. It enables researchers to modify the DNA of various organisms, including plants, bacteria, and animals, and their demand is expected to skyrocket in the coming years
- By product, Oligonucleotide and Synthetic DNA is anticipated to have the larger market share in 2030. The falling price of synthesis and increasing requirement for synthetic DNA, RNA, and genes that are employed in numerous applications contribute to the segment growth
- By application, the healthcare segment held a larger global market share. This is attributed to an increase in drug screening and discovery. Moreover, the use of synthetic biology can reduce the cost of drug discovery and propel market growth
- By end-user, the biotechnology and pharmaceutical companies segment held a larger share in 2021, owing to the growing availability of modern research facilities, favorable legislation, and government assistance and funding
- North America was positioned as the dominant market in 2021 due to the presence of high R&D investment, the availability of technologically advanced healthcare research frameworks, and the development of the synthetic biology market in the region
- The Asia Pacific is expected to witness considerable growth in the future owing to the rising development of personalized treatment and the presence of key players
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Research Methodology
- 1.2 Research Assumptions
- 1.2.1 Estimates And Forecast Timeline
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 Gvr's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Primary Research
- 1.4.5 Details Of Primary Research
- 1.5 Information or Data Analysis
- 1.5.1 Data Analysis Models
- 1.6 Market Formulation & Validation
- 1.7 Model Details
- 1.7.1 Commodity Flow Analysis
- 1.7.1.1 Approach 1: Commodity Flow Approach
- 1.7.1.2 Approach 2: Country Wise Market Estimation Using Bottom Up Approach
- 1.8 Global Market: CAGR Calculation
- 1.9 List of Secondary Sources
- 1.10 List of Primary Sources
- 1.11 Objectives
- 1.11.1 Objective 1:
- 1.11.2 Objective 2:
Chapter 2 Executive Summary
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Segmentation
- 3.2 Synthetic Biology Market Lineage Outlook
- 3.2.1 Parent Market Outlook
- 3.3 Penetration and Growth Prospect Mapping
- 3.4 Market Driver Analysis
- 3.4.1 Extensive Applications Of Synthetic Biology
- 3.4.2 Funding And Assistance From Government And Private Organization
- 3.4.3 Growing Research And Development Activities In Synthetic Biology
- 3.5 Market Restraint Analysis
- 3.5.1 Biosafety, Biosecurity Issue
- 3.5.2 Ethical Issues And Unintended Consequences
- 3.6 Market Opportunity Analysis
- 3.6.1 Development Of Vaccines And Personalized Medicines
- 3.6.2 Demand For Biofuel
- 3.7 Market Challenge Analysis
- 3.7.1 Lack Of Standard Regulation For Synthetic Biology Products
- 3.8 Business Environment Analysis
- 3.8.1 Swot Analysis; By Factor (Political & Legal, Economic And Technological)
- 3.8.2 Porter's Five Forces Analysis
- 3.9 Competitive Analysis
- 3.9.1 Recent Developments & Impact Analysis, By Key Market Participants
- 3.9.1.1 Strategy Framework
- 3.9.1.2 Market Participant Categorization
- 3.9.1.3 Major Deals & Strategic Alliances Analysis
- 3.9.1.3.1 Mergers And Acquisitions
- 3.9.1.3.2 Partnerships
- 3.9.1.3.3 Agreements
- 3.9.1.3.4 Synergies, Collaborations, And Other Initiatives
- 3.9.2 Market Entry Strategies
Chapter 4 Products Business Analysis
- 4.1 Synthetic Biology Market: Products Movement Analysis
- 4.2 Oligonucleotide/Oligo Pools And Synthetic Dna
- 4.2.1 Global Synthetic Biology Market For Oligonucleotide/Oligo Pools And Synthetic Dna Estimates And Forecast, 2018 - 2030 (USD Million)
- 4.3 Enzymes
- 4.3.1 Global Synthetic Biology Market For Enzymes Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 4.4 Cloning Technologies Kits
- 4.4.1 Global Synthetic Biology Market For Cloning Technologies Kits Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 4.5 Xeno-Nucleic Acids
- 4.5.1 Global Synthetic Biology Market For Xeno-Nucleic Acids Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 4.6 Chassis Organism
- 4.6.1 Global Synthetic Biology Market For Chassis Organism Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 5 Technology Business Analysis
- 5.1 Synthetic Biology Market: Technology Movement Analysis
- 5.2 PCR
- 5.2.1 Global Synthetic Biology Market For PCR Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.3 Genome Editing
- 5.3.1 Global Synthetic Biology Market For Genome Editing Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.4 NGS
- 5.4.1 Global Synthetic Biology Market For NGS Synthetic Biology Market Estimates And Forecast,2018 - 2030 (USD Million)
- 5.5 Bioprocessing Technology
- 5.5.1 Global Synthetic Biology Market For Bioprocessing Technology Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 5.6 Others
- 5.6.1 Global Synthetic Biology Market For Others Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 6 Application Business Analysis
- 6.1 Synthetic Biology Market: Application Movement Analysis
- 6.2 Healthcare
- 6.2.1 Global Synthetic Biology Market For Healthcare Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.2.2 Clinical
- 6.2.2.1 Global Synthetic Biology Market For Clinical Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.2.2.1.1 Bio/Pharmaceuticals
- 6.2.2.1.1.1 Global Synthetic Biology Market For Bio/Pharmaceuticals Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.2.2.1.2 Diagnostics
- 6.2.2.1.2.1 Global Synthetic Biology Market For Diagnostics Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3 Non-Healthcare
- 6.3.1 Global Synthetic Biology Market For Non-Healthcare Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.1.1 Biotech Crops
- 6.3.1.1.1 Global Synthetic Biology Market For Biotech Crops Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.1.2 Specialty Chemicals
- 6.3.1.2.1 Global Synthetic Biology Market For Specialty Chemicals Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.1.3 Bio-Fuels
- 6.3.1.3.1 Global Synthetic Biology Market For Bio-Fuels Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 6.3.1.4 Others
- 6.3.2 Global Synthetic Biology Market For Others Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 7 End-Use Business Analysis
- 7.1 Synthetic Biology Market: End-Use Movement Analysis
- 7.2 Biotechnology And Pharmaceutical Companies
- 7.2.1 Global Synthetic Biology Market For Biotechnology And Pharmaceutical Companies Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.3 Academic & Government Research Institutes
- 7.3.1 Global Synthetic Biology Market For Academic & Government Research Institutes Estimates And Forecast, 2018 - 2030 (USD Million)
- 7.4 Others
- 7.4.1 Global Synthetic Biology Market For Others Estimates And Forecast, 2018 - 2030 (USD Million)
Chapter 8 Regional Business Analysis
- 8.1 Synthetic Biology Market: Regional Movement Analysis
- 8.2 North America
- 8.2.1 North America Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.2.2 U.S.
- 8.2.2.1 U.S. Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.2.2.2 U.S. Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.2.2.3 U.S. Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.2.2.4 U.S. Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.2.3 Canada
- 8.2.3.1 Canada Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.2.3.2 Canada Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.2.3.3 Canada Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.2.3.4 Canada Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3 Europe
- 8.3.1 Europe Synthetic Biology Market Estimates And Forecast, 2017-2028
- 8.3.2 Uk
- 8.3.2.1 Uk Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.2.2 Uk Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.2.3 Uk Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.2.4 Uk Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3.3 Germany
- 8.3.3.1 Germany Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.3.2 Germany Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.3.3 Germany Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.3.4 Germany Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3.4 France
- 8.3.4.1 France Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.4.2 France Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.4.3 France Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.4.4 France Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3.5 Italy
- 8.3.5.1 Italy Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.5.2 Italy Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.5.3 Italy Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.5.4 Italy Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3.6 Spain
- 8.3.6.1 Spain Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.6.2 Spain Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.6.3 Spain Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.6.4 Spain Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.3.7 Russia
- 8.3.7.1 Russia Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.3.7.2 Russia Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.3.7.3 Russia Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.3.7.4 Russia Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.4 Asia-Pacific
- 8.4.1 Asia-Pacific Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.4.2 China
- 8.4.2.1 China Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.4.2.2 China Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.4.2.3 China Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.4.2.4 China Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.4.3 Japan
- 8.4.3.1 Japan Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.4.3.2 Japan Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.4.3.3 Japan Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.4.3.4 Japan Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.4.4 India
- 8.4.4.1 India Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.4.4.2 India Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.4.4.3 India Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.4.4.4 India Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.4.5 Australia
- 8.4.5.1 Australia Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.4.5.2 Australia Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.4.5.3 Australia Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.4.5.4 Australia Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.4.6 Singapore
- 8.4.6.1 Singapore Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.4.6.2 Singapore Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.4.6.3 Singapore Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.4.6.4 Singapore Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.5 Latin America
- 8.5.1 Latin America Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.5.2 Brazil
- 8.5.2.1 Brazil Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.5.2.2 Brazil Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.5.2.3 Brazil Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.5.2.4 Brazil Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.5.3 Mexico
- 8.5.3.1 Mexico Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.5.3.2 Mexico Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.5.3.3 Mexico Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.5.3.4 Mexico Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.6 Middle East And Africa
- 8.6.1 Middle-East And Africa Synthetic Biology Market Estimates And Forecast, 2018 - 2030 (USD Million)
- 8.6.2 Saudi Arabia
- 8.6.2.1 Saudi Arabia Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.6.2.2 Saudi Arabia Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.6.2.3 Saudi Arabia Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.6.2.4 Saudi Arabia synthetic biology market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
- 8.6.3 South Africa
- 8.6.3.1 South Africa Synthetic Biology Market Estimates And Forecast, By Product, 2018 - 2030 (USD Million)
- 8.6.3.2 South Africa Synthetic Biology Market Estimates And Forecast, By Technology, 2018 - 2030 (USD Million)
- 8.6.3.3 South Africa Synthetic Biology Market Estimates And Forecast, By Application, 2018 - 2030 (USD Million)
- 8.6.3.4 South Africa Synthetic Biology Market Estimates And Forecast, By End-Use, 2018 - 2030 (USD Million)
- 8.6.4 UAE
- 8.6.4.1 UAE synthetic biology market estimates and forecast, by product, 2018 - 2030 (USD Million)
- 8.6.4.2 UAE synthetic biology market estimates and forecast, by technology, 2018 - 2030 (USD Million)
- 8.6.4.3 UAE synthetic biology market estimates and forecast, by application, 2018 - 2030 (USD Million)
- 8.6.4.4 UAE synthetic biology market estimates and forecast, by end-use, 2018 - 2030 (USD Million)
Chapter 9 COMPANY PROFILE
- 9.1 BOTA BIOSCIENCES INC.
- 9.1.1 Company overview
- 9.1.2 Financial Performance
- 9.1.3 Product benchmarking
- 9.1.4 Strategic initiatives
- 9.2 CODEXIS, INC.
- 9.2.1 Company overview
- 9.2.2 Financial Performance
- 9.2.3 Product benchmarking
- 9.2.4 Strategic initiatives
- 9.3 CREATIVE BIOGENE.
- 9.3.1 Company overview
- 9.3.2 Financial Performance
- 9.3.3 Product benchmarking
- 9.3.4 Strategic initiatives
- 9.4 CREATIVE ENZYMES.
- 9.4.1 Company overview
- 9.4.2 Financial Performance
- 9.4.3 Product benchmarking
- 9.4.4 Strategic initiatives
- 9.5 ENBIOTIX, INC.
- 9.5.1 Company overview
- 9.5.2 Financial Performance
- 9.5.3 Product benchmarking
- 9.5.4 Strategic initiatives
- 9.6 EUROFINS SCIENTIFIC
- 9.6.1 Company overview
- 9.6.2 Financial Performance
- 9.6.3 Product benchmarking
- 9.6.4 Strategic initiatives
- 9.7 ILLUMINA, INC.
- 9.7.1 Company overview
- 9.7.2 Financial Performance
- 9.7.3 Product benchmarking
- 9.7.4 Strategic initiatives
- 9.8 MERCK KGAA.
- 9.8.1 SIGMA-ALDRICH CO. LLC
- 9.8.2 Company overview
- 9.8.3 Financial Performance
- 9.8.4 Product benchmarking
- 9.8.5 Strategic initiatives
- 9.9 NEW ENGLAND BIOLABS.
- 9.9.1 Company overview
- 9.9.2 Financial Performance
- 9.9.3 Product benchmarking
- 9.9.4 Strategic initiatives
- 9.10 NOVOZYMES
- 9.10.1 Company overview
- 9.10.2 Financial Performance
- 9.10.3 Product benchmarking
- 9.10.4 Strategic initiatives
- 9.11 PARETO BIO, INC.
- 9.11.1 Company overview
- 9.11.2 Financial Performance
- 9.11.3 Product benchmarking
- 9.11.4 Strategic initiatives
- 9.12 SCARAB GENOMICS, LLC
- 9.12.1 Company overview
- 9.12.2 Financial Performance
- 9.12.3 Product benchmarking
- 9.12.4 Strategic initiatives
- 9.13 SYNTHEGO
- 9.13.1 Company overview
- 9.13.2 Financial Performance
- 9.13.3 Product benchmarking
- 9.13.4 Strategic initiatives
- 9.14 SYNTHETIC GENOMICS INC.
- 9.14.1 Company overview
- 9.14.2 Financial Performance
- 9.14.3 Product benchmarking
- 9.14.4 Strategic initiatives
- 9.15 THERMO FISHER SCIENTIFIC, INC.
- 9.15.1 Company overview
- 9.15.2 Financial Performance
- 9.15.3 Product benchmarking
- 9.15.4 Strategic initiatives